Valuation Officer - Vistra Funds Solutions
Vistra · Luxembourg
It’s never been a more exciting time to join Vistra.
At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.
But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.
We have an exciting opportunity for you to join our team as Valuation Officer (AIFM), reporting to the DConducting Officer. This role is based in the Luxembourg, offers hybrid working for those resident in Luxembourg and offers regional coverage, allowing you to make a significant contribution to our Funds business and its growth.
Purpose of Role:
This role assists the Valuation Team to comply with their key responsibilities: Validation of the fund’s investment values and NAV oversight.
You will also be responsible for regulatory compliance related to valuation matters of VFM and each of the funds under management.
Key Responsibilities:
- Responsible for: the asset valuation models analysis and review of the underlying assets of the AIFs that have been assigned to her/his by the valuation manager or according to the AIFM business requirements and needs;
- Perform the oversight of the AIFs financial statements production (AIF nav oversight) in compliance with the AIFs constitutional documents (LPAs and PPM), the AIFM and AIF valuation policy under the supervision of the valuation manager;
- Attend the AIFs valuation committees;
- In charge of the production of the valuation reports to be presented to the attention of the AIF valuation committee under the supervision of the valuation manager including the preparation of the approval supporting documentation including minutes;
- Escalate valuation process/policy and any other breaches to the valuation manager;
- Support the valuation manager in the design, review, test and implementation of the AIF valuation policies;
- Be the main point of contact in relation to operational aspects and considerations of the AIF underlying assets valuations process;
- Draft reports for the AIF Board meetings;
- Prepare and automatise relevant market data analysis to support valuation, portfolio and risk management analysis in the performance of their functions where applicable
- Develop a thorough industry knowledge and understanding of the clients business and remain up to date on the following topics:
- Valuation techniques
- Market practices
- Legal and regulatory changes
Attributes & Technical Skills:
- Build and maintain effective relationships with colleagues, clients, third parties and intermediaries
- Be a team player and be supportive towards your colleagues
- Take initiative by proactively following-up on daily matters
- Anticipate potential queries and issues. Address these queries in a timely manner by informing the responsible Conducting Officer (AIFM) and/or any other Vistra officer
- Maintain communication with clients
- Ensure that client deadlines are met
- Adhere to internal procedures at all times
- Build up an in-depth knowledge of your portfolio of clients and valuation methodologies used for various structures
Relevant Experience:
- Minimum of 3 years of experience with a professional services firm (preferably within the area of accounting, auditing, controlling or valuation)
Education and Professional Qualification:
- Finance and/or Economics education at University level
Company Benefits:
- Bonus Plan, based on Group performance and individual performance
- 232 hours of holidays (29 days), plus public holidays;
- Lunch vouchers for the amount of 10.80 EUR (18 per month);
- Additional AXA Health Insurance of which pays 50% (Axa VitalPlus scheme);
- Participation in Pension Scheme, after 6 months as an employee;
- Reimbursement of your public transport costs up to the amount of 75 EUR per month for cross borders.
- Sympass card discount www.sympass.lu (Sympass gives you access to exclusive discounts on your purchases and leisure activities in Luxembourg and the Greater Region). Concierge Services available by using the SYMPASS application.
- Subsided gym membership www.factory4.lu (Factory 4 the largest Fitness space in Luxembourg)
- Remote and adaptive work arrangement (maximum 3 days per week work from home and minimum 2 days per week work from the office after the adaptation period)
- Learning and training, i.e., via our digital learning environment ‘Skills Platform’
- Support for professional qualifications eg ACCA
- Regular social events
- Free coffee, tea and fresh fruits in our office
It’s never been a more exciting time to join Vistra.
At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.
But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.
If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!